M&A: upper mid-market and premium deals, £500m+ in London

Linklaters LLP

Linklaters LLP advises on some of the most complex and high profile M&A transactions, as demonstrated by its role advising Jingye Group on its last minute rescue of British Steel. The magic circle firm has a longstanding sector focus on financial services, institutional investors, energy and natural resources, consumer, real estate, TMT, industrials and healthcare, which is combined with experience across public and private M&A, private equity, corporate governance and board level advice. FTSE100 companies feature prominently on the firm's client list, as well as well-known banks. The practice is led by a seven-strong group of partners in London. Simon Branigan, James Inglis, Nick Rumsby, and David Martin all act as corporate group leaders, while Matthew Middleditch is the global corporate chairman. Aedamar Comiskey, who typically acts on big ticket public and private transactions, is head of the global corporate practice. Senior partner Charles Jacobs is another key  name in the leadership group, and is an expert in international capital raisings, managing several of the firm's largest client relationships.

Testimonials

‘They take the time to understand your business, know the nuances and the desired outcome sought. They take a practical approach especially when it comes to risk assessments. No lengthy memos; advice is precise and concise; Always available even if client is in different time zones.’

‘Strong commercial acumen; practical advice; written advice is not verbose; it is succinct and clear. Absolutely fast to revert even at partner level; Strong in communications, be it via text or other platforms.’

‘Linklaters’ corporate team did a fantastic job of looking after us during our takeover. We had good partner involvement and they brought in the right people at the right time to assist where needed.  The employee incentives team were also fantastic.’

‘Nick Rumsby is calm, unflappable, and very commercial.’

‘Dan Schuster-Woldan is very clear in explaining processes and commercial issues.’

‘Highly competitive rates; the focus is on work product and value of overall services rendered as opposed to a billing focus on every six minutes.’

Key clients

Takeda Pharmaceutical Company Ltd

J Sainsbury plc

Rothesay Life

Unilever plc

Intu Properties plc

Jardine Matheson Holdings Limited

Glencore

SIX Group AG

ORIX Corporation

Anglo American

National Grid plc

AXA

Advent International Corporation

Capita plc

Balfour Beatty

Just Eat

Nestlé

Work highlights

  • Advised Just Eat on its recommended all-share merger with Takeaway.com and at the same time the defence of a hostile takeover bid from Prosus which is seeking to derail that merger.
  • Advised Nestlé  on its sale of Nestlé Skin Health, a leading global provider of skin health products, for $10.2bn to a consortium led by EQT, and which also included ADIA, PSP Investments and GIC.
  • Advised Advent International Corporation on the £4bn recommended cash offer for the entire issued and to be issued ordinary share capital of Cobham plc by Al Convoy Bidco Limited.

Slaughter and May

Slaughter and May's market-leading M&A team acts for roughly one third of the FTSE 100, advising across domestic and international mergers and acquisitions. As well as traditional M&A, the team has a strong reputation advising on take-private matters, working with Merlin Entertainments on its recommended cash offer by a consortium of investors, for example. Senior partner Steve Cooke continues to practise, taking the lead on this mandate alongside  Robert Innes. Roland Turnill leads the M&A practice, principally working on public takeovers, private acquisitions and disposals, joint ventures, and initial and secondary public equity offerings. The wider corporate group is under the management of Andy Ryde, who is particularly active on take-private transactions. Other key names in the practice include David Johnson ,who worked on the joint venture between GSK and Pfizer to create a consumer healthcare brand alongside Simon Nicholls.

Practice head(s):

Andy Ryde; Roland Turnill

Key clients

Burberry

Diageo

DS Smith

GlaxoSmithKline

General Electric

Rolls-Royce

Royal Dutch Shell

RSA

Standard Life Aberdeen

Vodafone

Work highlights

  • Advising Takeaway.com on its recommended all-share combination with Just Eat plc.
  • Advising Merlin Entertainments plc on a recommended cash offer for Merlin’s entire issued and to be issued share capital by a consortium of investors.
  • Advising GlaxoSmithKline on the creation of a world leading consumer healthcare joint venture with Pfizer.

Allen & Overy LLP

With a 200-lawyer strong corporate practice worldwide, Allen & Overy LLP has the resources to act on some of the market's highest profile transactions. As well as large public takeovers, the practice also undertakes a significant number of private M&A deals and advises roughly a quarter of FTSE 100 companies in some capacity. The firm is well placed to advise on cross-border transactions across multiple jurisdictions, as demonstrated by a role advising WPP on a disposal involving 90 jurisdictions. Dominic Morris leads the London corporate practice and has significant experience acting on domestic and international mergers and acquisitions, public takeover bids, privatisations, joint ventures and equity offerings. Corporate finance partner David Broadley is a name to note in the practice, having worked on a wide range of ECM transactions, acting for both issuers and underwriters. The team lost two partners to US rival Skadden, Arps, Slate, Meagher & Flom (UK) LLP , with both George Knighton   and Simon Toms leaving to join the firm.

Practice head(s):

Dominic Morris

Testimonials

We used A&O on a multinational class 1 disposal. The lawyers are first rate and the size and scale of the firm meant that we did not struggle for resource, even through a very tight final weekend when we were running two deal teams and two bidders.

Seamless cross-functional expertise provided by the London team, with the highest service level paired with industry knowledge. Truly integrated team.

Pragmatic legal advise tailored to international environment with considerable industry expertise. Matthew Appleton is focusing specifically on what really matters for the business of his client far beyond legal expertise.

Team has real bench strength in UK public M&A.’

Seth Jones is a leading public M&A lawyer. Clients like his approachable manner and thoughtful approach. Harriet Stephenson also highly rated.

Key clients

WPP plc

Refinitiv

Marks & Spencer plc

Imperial Brands plc

BT plc

Quilter plc

Man Group

RBS plc

Tesco plc

Prudential plc

GSK plc

Aviva plc

SIG plc

Sage Group plc

TT Electronics plc

Associated British Foods plc

TP ICAP plc

Reckitt Benckiser plc

Royal Dutch Shell plc

21st Century Fox

Work highlights

  • Advised Cobham on its GBP4bn recommended cash offer by Advent International to acquire its entire issued and to be issued share capital.
  • Advised WPP on the USD3.1bn sale of a 60% stake in Kantar to Bain Capital.
  • Advised Prosus on its hostile GBP4.9bn all-cash offer to acquire Just Eat, the UK-based international online food order and delivery service.

Clifford Chance LLP

Clifford Chance LLP's large UK M&A team has won roles on strategically important, high profile mandates, such as Pfizer's formation of a consumer healthcare joint venture with GlaxoSmithKline. Consistently retained as lead international counsel on cross-border mandates, the team has a diverse client base that includes a number of FTSE100 and Fortune 500 listed corporations. The practice's commitment to using tech to improve client service has been demonstrated by the increased use of Best Delivery hubs, which aid transaction management through project management, IT and pricing tools.  Melissa Fogarty co-heads the corporate practice alongside Nigel Wellings and is an experienced hand on cross-border deals. Other key names in the team include Tim Lewis and David Pudge, as well as Steven FoxGuy Norman leads the global corporate group.  

Practice head(s):

Melissa Fogarty; Nigel Wellings

Testimonials

Each partner put us as a client and Clifford Chance as a firm first; egos did not interfere with the exemplary service provided. In other firms personalities sometimes  surpass the greater common good’

Expert knowledge, wise counsel and low egos.

Ability to deploy market leading experts in all areas at short notice. Clients can draw comfort from their depth of knowledge and experience and insight into market practice.

David Pudge and his team are excellent. All have fantastic knowledge and experience, remain calm under pressure and are a real source of reassurance.’

The team demonstrates an excellent blend of technical legal knowledge and commercial pragmatism/understanding.  This is really crucial when it comes to getting a deal done efficiently whilst also best protecting the client’s position’

David Pudge’s experience is unparalleled and he expertly helps lead a transaction from beginning to end, providing sensible and valued input on commercial points as well as legal ones.  He is very adept in negotiation scenarios and also when dealing with boards/senior management’

‘Joel Ziff is highly commercial, responsive and understands our business and approach to transactions. He is our go-to partner for M&A transactions in the aviation space.’

Key clients

Cellnex

Chrysaor

easyJet

Inmarsat

Legal & General

MasterCard

Network Rail

Pfizer

Provident Financial plc

Unilever

Work highlights

  • Advising Inmarsat, one of the world’s leading satellite telecommunications companies, on its takeover by a consortium formed of funds advised by Apax Partners LLP, Warburg Pincus LLC, Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board.
  • Advised KIRBKI A/S (and its consortium) on its successful takeover of Merlin Entertainments plc through Motion Acquisition Limited.
  • Advising Pfizer, one of the world’s largest pharmaceutical companies, with respect to the formation of a consumer healthcare joint venture with GlaxoSmithKline (GSK), to create a premier global consumer healthcare company.

Skadden, Arps, Slate, Meagher & Flom (UK) LLP

Specialising in complex, multi-jurisdictional M&A, with a strong international flavour, the bulk of Skadden, Arps, Slate, Meagher & Flom (UK) LLP's transactions are from the US into the UK and Europe. After years of caution on the lateral hiring front, the firm has been ramping up significantly when it comes to  UK M&A  talent, recruiting three partners from magic  circle firms  within 12 months. Freshfields Bruckhaus Deringer LLP M&A veteran Bruce Embley  is set to join the firm  in November 2020, with the high profile partner adding further weight to an English-law practice that had already been strengthened on the public M&A side with the arrivals of George Knighton and Simon Toms from Allen & Overy LLP . While Embley had yet - at the time of writing - to make any impact at Skadden, at Freshfields he has played a key role on  some of the firm's largest M&A  deals. Toms and Knighton meanwhile have experience across a wide range of cross-border public and private M&A transactions, joint ventures, corporate reorganisations and equity capital markets transactions, with Toms also having significant expertise in the fintech sector. Skadden's practice is co-chaired by Scott Simpson, Scott Hopkins and the 'pragmatic' Lorenzo Corte who all come recommended in this space.

Testimonials

The team effectively managed to organise work across practice areas in a complex transaction without compromising their quality, notwithstanding the differences in time zones and continents.

Lorenzo Corte has a pragmatic and business-oriented approach. We valued his ability to exercise quick and good judgement and communication skills’

A US firm with the in-depth knowledge of UK law and practice equivalent to the leading UK firms. Able to undertake the role as principal law firm on significant UK transactions and not just a supporting role as is often the case.

Scott Hopkins leads a team with a consistent high quality throughout. The understanding of the underlying transactions and the legal principles applying to them appears to be understood throughout the team and not simply among the more senior members of the team.

Customer oriented. Responsive. Proactive.

The team is of very high calibre with excellent technical skills and creative solutions.

 

Key clients

F.I.L.A.

NASDAQ

WorldPay

L’Occitane International SA

International Paper Corp

DSV a/s

Nightstar Therapeutics

P/F Bakkafrost

Kone

Phoenix Group Holdings

Work highlights

  • Advising Phoenix Group Holdings Limited, the listed UK-based closed life assurance fund consolidator, in relation to its proposed £3.25 billion acquisition of ReAssure Group Plc, the listed UK-based company that operates as a life and pensions consolidator, from MS&AD Insurance Group Holdings Inc. and Swiss Re Ltd.
  • Advising DSV A/S, the Denmark-based and listed freight and logistics company, in relation to its acquisition of Panalpina Welttransport Holding AG, the Swiss transport and logistic company.
  • Advising L’Occitane International S.A., the  France-based HK ex-listed company that designs, manufactures and markets a range of cosmetics and well-being products, in its acquisition of ELEMIS Ltd,  the UK-based global distributor and innovator of beauty and skincare products, from Steiner Leisure Limited.

Herbert Smith Freehills LLP

With a longstanding focus on sectors including TMT, financial services,  energy, infrastructure, real estate and pharma/healthcare, Herbert Smith Freehills LLP routinely acts for leading clients on large and complex transactions. The department has strong ties with the major international investment banks, often advising them as sponsors and/or investors on M&A matters. Gavin Davies, who leads the global M&A practice, focuses on large UK public market takeovers  within TMT and real estate. Other key names include firmwide chair James Palmer , who advises on governance, regulatory and reputational issues for clients in the US and Europe, and Stephen Wilkinson who is a public takeover expert.

Practice head(s):

Gavin Davies

Key clients

Abcam

Aernnova Aerospace Corporation S.A.

Air France / KLM

Airtel Africa

Amsted

Amundi

Anglo American

Ardonagh Group (formerly Towergate Insurance)

ARRIS International

Associated British Foods

BAE

Barclays

Bharti Airtel

BlackRock

BP

British American Tobacco

British Land

British Steel

Carillion

Centrica

Centremanor

Citigroup

ClearBank

Coca – Cola

Connect Group

Copenhagen Infrastructure

Chevron

Cineplex

Delta

DTEK Oil&Gas

EDF

Elementis

EML Payments

EY

Flybe Corporation

Forexpo

G4S

Gardner Aerospace Holdings

Gazprom

GE

Genesis Care

Genus

GIC Infra Holdings Pte Ltd

GKN

Goldman Sachs

Gulf Keystone Petroleum

Hammerson

Hiscox

Inchcape

InterGlobe Enterprises (UK) Ltd

Jimmy Choo

JP Morgan

Johnson Matthey

KPMG

KUFPEC UK

LSE

Lonmin

Lloyds Banking Group

Lupin Ltd.

Man Group

Meredith

Mercuria Energy

Millenium & Copthorne Hotels Plc

Mitsubishi Corporation

Mitsui

Moneysupermarket.com Group Plc

National Grid

Nanomi B.V

Oaktree Capital

Old Mutual Plc

Orange

Optal

Page Group

Pearson

Perenco

Phoenix Group

Qatar Investment Authority

Royal Mail

Saga

Severn Trent

Sky

Stagecoach

Sterling Pharma

Strides Pharma

STV

Soft Bank

Sumitomo

Syneos Health

Synthomer plc

Ted Baker

Telefónica/O2

Times Magazine

Trident Energy

Tullett Prebon

TSB

UBS

The UNITE Group

Unilever

VEON

Virgin

Weir Group

WHSmith

Willis Towers Watson

Wincanton

Work highlights

  • Advised ARRIS International plc (previously UK-incorporated and NASDAQ listed), a provider of entertainment and communications solutions, on its acquisition by CommScope Holding Company, Inc for US$7.4 billion.
  • Advised independent directors of Millennium & Copthorne (M&C) in relation to the recommended pre-conditional final offer announced by City Developments Ltd (CDL), its 65%  shareholder, valuing M&C at approximately £2.227 billion.
  • Advised Unite Group Plc on the class 1 acquisition of the entire issued share capital of Liberty Living Group Plc from the Canadian Pension Plan Investment Board (“CCPIB”) valuing £1.4million.

Latham & Watkins

The corporate department at Latham & Watkins acts for a range of strategic clients including private equity sponsors, funds and investment banks. The practice takes on a mix of take-private transactions, joint ventures, carve-outs, asset swaps and distressed mergers and acquisitions. Many of these deals have significant cross-border elements and the firm is well recognised across the US, Europe and Asia. The practice also regularly advises UK listed companies on the listing rules, disclosure guidance, transparency rules and market abuse regulation. Edward Barnett is global co-chair of the M&A practice and has extensive experience advising global companies on transactions. Robbie McLaren co-chairs the corporate group alongside Nick A Cline who specialises in advising corporations on their M&A deals and on day to day corporate advisory matters. The London team has recently been boosted with the hire of Sam Newhouse  from Freshfields Bruckhaus Deringer LLP .

Practice head(s):

Nick Cline; Robbie McLaren

Testimonials

Dedicated team of professional who react quickly, and have  always considered all implications to questions or topics raised. Great knowledge of corporate transactions and very quick to learn industry specific nuances.

Always willing and keen to engage, and come back in response to instructions amazingly quickly. Their advise and participation is excellent, well thought through and precise and clear. They also speak in layman’s tongue which for a client is so helpful and makes the whole experience pleasurable.

Strength in depth.  Lots of sector specific experience in pharma.  US strength is highly beneficial for cross border deals.

Key clients

888 Holdings

Acino Pharma

Alliance Pharma plc

Aon

Atnahs Pharma

Ascential

Credit Suisse

Domestic & General

Facebook

Farfetch

GlaxoSmithKline

M&G Prudential

Motherson Group

Rothesay Life

RPC Group

Scottish Widows

Sony Pictures

Telenor

Theramex

Total S.A.

Venator Materials plc

VEON

Work highlights

  • Advised Thomas Cook Group in connection with its strategic review, re-financing and the proposed sale of its airline and ultimately its attempted recapitalization.
  • Sale of the North American rights for Keri®, a provider of skin care products, to Crown Laboratories. its sale of its assets relating to the Biacol and Cibalgina brands in Italy to Versailles, its Prevacid®24HR business to Perrigo Company and sale of various assets to STADA.
  • Advised Sony Pictures Television on its acquisition of independent media company Silvergate Media.

Macfarlanes LLP

Macfarlanes LLP has a longstanding reputation advising blue-chip clients on complex M&A mandates, with a focus on public M&A deals. The firm, where  Howard Corney and Luke Powell  co-lead the practice, makes use of its network of overseas firms on international matters. It received a boost in 2019 with the hire of former Ashurst partner Robert Ogilvy Watson  as a partner in the M&A team.

Practice head(s):

Luke Powell; Howard Corney

Testimonials

Good ability to work through considerable legal and corporate finance complexity in the context of a transaction, rather than solely focusing on the academic legal aspects’

‘Able to clearly present and guide their clients through the solutions

Simpson Thacher & Bartlett LLP

Simpson Thacher & Bartlett LLP 's close ties with several major European and US private equity firms have gifted the firm lead roles on a number of high profile take-privates. The team also advises on exits for clients' portfolio companies, working on a number of IPOs. A key area of growth to date has been infrastructure, spearheaded in part by the arrival of Amy Mahon from Clifford Chance. While the team is focused on private equity clients, it is able to advise across a full range of mandates such as carve-outs, restructurings and fund related work. The practice is led by a seven partner team comprising  Derek Baird, Samuel Charlton, Clare Gaskell, Wheatley McNamara, Mahon, Adam Signy and Ben Spiers. James Howe, who has a track record of advising private equity sponsors, joined the team in summer 2020 from Gibson, Dunn & Crutcher.

Testimonials

Very commercial, super responsive and  with the ability to tackle whatever comes their way.

The team has a great blend of public and private experience, solution driven and know us and our business intimately.

Key clients

Apax Partners

BC Partners

The Blackstone Group

Blackstone Real Estate Partners

Bridgepoint

CBRE Group Inc.

Charterhouse Capital Partners

EQT

Kohlberg Kravis Roberts & Co.

Melrose Industries PLC

Oakley Capital Partners

Silver Lake Partners

Vista Equity Partners

Work highlights

  • Advised Refinitiv in its definitive agreement to be acquired by London Stock Exchange Group in an all share transaction for a total enterprise value of approximately US$27 billion.
  • Advised KKR and BlackRock on their pipeline infrastructure deal with the Abu Dhabi National Oil Company (ADNOC) for approximately US$4 billion.
  • Advised BC Partners in Blackstone Alternative Asset Management’s acquisition of a passive, minority investment in BC Partners.

Ashurst

Ashurst's 'excellent' and 'on the ball' M&A team undertakes transactions for clients in its key target industries, which include tech, financial institutions, energy, infrastructure and funds. The practice has close ties with several FTSE 100 companies within these sectors and has advised on several takeovers for these clients. The highly respected Karen Davies leads the corporate transactions teams in London and has been particularly active advising financial institutions, while Jason Radford  heads the corporate practice globally.  Nick Williamson and Tom Mercer are also key names in the department, both advising on significant transactions within the group.

Practice head(s):

Karen Davies; Jason Radford

Other key lawyers:

Nick Williamson; Tom Mercer

Testimonials

The Ashurst team is always on the ball and provides excellent service. Always there when you need them and able to go the extra mile to make the deal happen. Very client friendly and responsive. The team is first rate

Nick Williamson is an  exceptional lawyer – very responsive, trusted adviser and a go-to-person for all M&A related activities. Nick really understands the dynamics of M&A transactions and is able to anticipate issues early, allowing us to take the appropriate measures way before others start realising the same. Truly first class.

Leading mid market public M&A practice. Approachable and commercial.

Tom Mercer is our go-to partner for UK public M&A at Ashurst for his blend of a commercial approach and technical knowledge.

Key clients

Amerisur Resources

AVEVA

Babcock International Group

British Business Bank

CareTech Holdings

EnQuest

Faroe Petroleum

GFG Alliance

Goldman Sachs

Interserve

J.P. Morgan

Johnston Press / JPI Media

Kier Group plc

Lamprell plc

Lazard & Co., Limited

Macquarie Infrastructure Partners IV

McLaren

MedicX Fund Limited

Oxford Instruments

Shanks Group (Renewi)

Work highlights

  • Advised Liberty House Group (part of Sanjeev Gupta’s GFG Alliance) on its €740 million landmark acquisition of European ArcelorMittal steel assets.
  • Advised Lazard in relation to a number of high-value and complex transactions during 2019, including as sole financial adviser to Berkeley Bidco Limited in its £4.77 billion recommended cash offer for Merlin Entertainments plc.
  • Advised Faroe Petroleum in relation to the unsolicited offer for the company announced by DNO ASA for £609 million.

Baker McKenzie

Baker McKenzie undertakes both public and private M&A, with further specialism in private equity investments to portfolio companies. The firm's global presence affords the team the ability to work seamlessly across jurisdictions, in particular on transatlantic transactions. The department is particularly active in  the consumer, industrials, pharmaceuticals and TMT sectors. Jane Hobson and Helen Bradley jointly lead the practice, splitting private and public M&A respectively. Jannan Crozier is noted for her work on carve-out transactions and the wider team has grown with the arrival of Peter Lu from White and Case and Nick Bryans from Ashurst.

Other key lawyers:

Peter Lu; Jannan Crozier; Nick Bryans

Testimonials

Peter Lu is a very talented M&A lawyer and dealmaker. He truly crosses East and West and serves a lot of different clients from all backgrounds. He is agile, very pragmatic, always solution driven and pre-empts issues before they arise. He is a very trusted safe pair of hands and is a genuine relationship builder

The team advising us were extremely commercial and clearly had years of experience in the area, which they brought to the deal. Despite a complex deal with many moving parts and last minute surprises, they made the process smooth and effortless from our side.

The Baker McKenzie M&A team are the best in the business’

‘ The Baker team approaches every matter with a reasoned business approach, not just recitations of law and legal risk.  This team consistently drives toward solutions, not just wins.  I have not in my more than 20 years of leading global deals worked with better counsel!

Jannan Crozier is the consummate professional; she understands the importance of listening to clients and being proactive; I have not worked with anyone better.

Key clients

GSK

GSK – Vaccines

Hitachi Limited

Equinix, Inc.

Alawwal Bank

Accenture

Emerson Electric Co.

Siemens

Unilever

Laird Plc/Advent Corp

QinetiQ Group PLC

UBS Investment Bank

McDonald’s

MagicLab

Work highlights

  • Advised Alawwal Bank on its US $ 4.9 billion merger with Saudi British Bank.
  • Advised Hitachi on the global carve-out and sale of ABBs power grids business.
  • Advised GSK on its joint venture with Pfizer’s Consumer Healthcare business to create the world’s largest over the counter healthcare business with combined sales of approximately £9.8 billion.

Sullivan & Cromwell LLP

Sullivan & Cromwell LLP's M&A practice is experienced in public company transactions and the team has worked on a wide range of cross-border deals. The department undertakes the full range of work including transatlantic M&A, take-privates and joint ventures.  The London team includes partners Ben Perry, Richard Pollack and Jeremy Kutner, who joined in 2018 from Shearman & Sterling LLP. Timothy Emmerson is of counsel to the firm's European M&A practice.

Practice head(s):

Timothy Emmerson

Travers Smith LLP

Travers Smith LLP 's well regarded  City team carries out M&A transactions for a range of corporates, private equity houses and sponsors, including infrastructure and real estate funds. The team has significant experience acting on public and private M&A deals, both domestically and internationally. Spencer Summerfield leads the corporate department while Philip Cheveley heads up the corporate M&A and ECM practice.

Weil, Gotshal & Manges (London) LLP

Weil, Gotshal & Manges (London) LLP made a big statement in the London M&A market with the hire of highly-regarded partner David Avery-Gee from Linklaters LLP in November 2019. Avery-Gee has a strong track record advising on cross-border mergers, acquisitions, joint ventures and capital raisings for well known clients, particularly in the natural resources sector. To date, a significant portion of the firm's work in London has included advising US clients looking to capitalise on investment opportunities in the UK, with the firm's close links with buyout houses gifting it significant experience advising on take private deals as well as public takeovers. Michael Francies leads the department and has a broad range of experience across public and private transactions both internationally and domestically.

Practice head(s):

Michael Francies

Other key lawyers:

James Harvey; David Avery-Gee

Key clients

Willis Towers Watson

Campbell Soup Company

Froneri International

Brookfield/Westinghouse Electric Company

Cornell Capital/Knowlton Development Corporation (KDC/ONE)

Laird

Sanofi

Vinci

Avolon

YOPA Property

Mercury UK Holdco

Work highlights

  • Advised Willis Towers Watson plc on its $80 billion all-share merger with Aon plc.
  • Advised Advent International on the regulatory, antitrust and financing aspects of its £4.1 billion take private of Cobham plc.
  • Advised NYSE-listed Campbell Soup Company on its sale of all EMEA operations of Kettle Foods and Yellow Chips to Valeo Foods Group.

White & Case LLP

With the benefits of a global platform including transatlantic capabilities, White & Case LLP's UK M&A team has bench strength in the oil and gas, metals, mining, pharmaceutical, tech and infrastructure sectors, where it advises across  the full range of public and private M&A. Another key area for the practice is financial institutions work, where it has a particular focus on fintech and the emerging challenger work. FIG expert Patrick Sarch leads the M&A group and is co-head of the corporate practice alongside private equity focused Ian Bagshaw.  The team was boosted in 2020 with the addition of infrastructure focused M&A partner Sandra Rafferty  from CMS .

Practice head(s):

Patrick Sarch; Ian Bagshaw

Other key lawyers:

Allan Taylor; Sandra Rafferty

Testimonials

‘The practice is very strong and is effectively fronted by a UK team which is put together from top tier UK firms’

‘UK listed company practice with international M&A capability’

‘Coherent, partner led international practice which has come in particularly useful for a listed UK parent doing M&A in the US/globally’

Patrick Sarch has huge experience and insight and is also approachable and user friendly- he’s a reassuring presence.

Key clients

Avon Rubber plc

Barclays Bank plc

discoverIE Group plc

Energean Oil & Gas Plc

FleetCor Technologies

Rio Tinto

Smiths Group

Takeda Pharmaceutical Company

The Co-operative Bank plc

Wm Morrison Supermarkets plc

Work highlights

  • Advised Avon Rubber p.l.c., a UK-listed innovative technology group on its strategically important acquisition of 3M’s ballistic-protection business in the United States and the rights to the Ceradyne brand.
  • Advised Energean Oil & Gas Plc on the US$750 million acquisition of the upstream oil & gas business of Edison Exploration & Production SpA (Edison E&P), with operations in Italy, Egypt, Algeria, UK, Norway, Croatia and Israel, and the on-sale of certain Norwegian and UK assets to Neptune Energy for US$250 million.
  • Advised Takeda Pharmaceutical Company in connection with the agreement to divest a portfolio of select over-the-counter (OTC) and prescription pharmaceutical assets to Acino for a total value in excess of US$200 million, and on the agreement to divest a portfolio of select over-the-counter (OTC) and prescription pharmaceutical assets to STADA Arzneimittel AG for a total value of US$660 million.

Akin Gump LLP

Akin Gump LLP has been ramping up its London corporate team significantly, adding financial institutions' specialist Gavin Weir from White & Case LLP , as well as three corporate M&A and private equity transactional partners; Shaun Lascelles, Simon Rootsey and Weyinmi Popo. The team is able to advise across the full range of M&A work, including negotiated transactions, auction processes, hostile takeovers, leveraged buyouts, joint ventures and strategic alliances and tender offers involving public and privately held companies. Sebastian Rice and Daniel G. Walsh  jointly lead the practice.

Practice head(s):

Sebastian Rice; Daniel Walsh

Testimonials

Akin Gump’s ability to provide around the clock dependable services, their depth of specialised knowledge and their “common-sense” approach were decisively effective and critical for the successful completion of our transaction.

Gavin Weir really stands out for his professionalism, character and deal-making skills. He is one of the most efficient and competent lawyers I have ever worked with and his invaluable legal support was decisive in the successful completion of our transactions.

They have a very commercial mindset and will not allow the noise of minutiae to interfere with the bigger issues. Most importantly, they are able to identify the risks that would have a genuine impact whilst proposing effective ways of mitigating those risks.

Key clients

Astro Bank

MBU Capital

BC Energy Investments Corp (Formerly Bridas)

DEA Deutsche Erdoel AG

Helios Investment Partners

LUKOIL

Mail.ru Group

Pan American Energy S.L

Veon

Vitol

The Carlyle Group

UFG Private Equity

Work highlights

  • Acted for Vitol S.A. in connection with their proposed acquisition, as part of a consortium with Africa Oil Corp and Delonex Energy Limited, of an ownership interest in Petrobras Oil and Gas B.V. (“POGBV”) and their subsequent withdrawal from the consortium.
  • Advising Mail.ru Group Limited, a leading Internet and IT company in Russia, on the formation of a joint venture between its ESforce e-sports business and games producer Modern Pick.
  • Advised Helios Investment Partners, the largest Africa-focused private investment firm, as one of the major selling shareholders in Helios Towers’ $1.45 billion initial public offering (“IPO”) on the premium listing segment of the London Stock Exchange.

CMS

CMS is involved in a wide range of transactions within the energy and infrastructure sector, where it has a strong UK practice. Other key areas for the department includes hotels & leisure and financial services. The firm's global network of 75 offices facilitates transactions across Europe, particularly in the CEE region. Co-head of the corporate group Charles Currier specialises in energy and infrastructure alongside Iain Newman. Louise Wallace is a name to note for her work in the consumer products sector.

Practice head(s):

Charles Currier; Iain Newman

Other key lawyers:

Louise Wallace

Key clients

Galliford Try

Ei Group

Tronox

SSE

Hyperoptic

Primary Health Properties

Brookfield Renewable Partners

Syncona Investment Management Limited

ConocoPhillips

Tronox

Work highlights

  • Advising on the sale of North Sea assets to Chrysaor.
  • Advising the consortium comprising Equitix, Kansai Electric Power Co. Inc., Daiwa Energy & Infrastructure Co. Ltd and Mitsubishi UFJ Lease & Finance Company limited on its acquisition of Electricity North West.
  • Advising Electricity Supply Board on its partnership with EDF Renewables to jointly develop the 450MW Neart na Gaoithe offshore wind farm in Scotland.

Davis Polk & Wardwell LLP

Davis Polk & Wardwell LLP's clients include a range of UK, European and US listed companies, as well as US private equity clients looking to invest in Europe, and London and New York-based investment banks. The department has a track record advising on UK takeovers and transactions involving UK listed companies, and on international private M&A and private equity-led transactions. Sector specialisms across the wider group includes financial services, TMT, consumer, retail, and energy.  Will Pearce  and Jeffrey O’Brien  jointly lead the practice.

Practice head(s):

Jeffrey O’Brien; Will Pearce

Other key lawyers:

Dan Hirschovits; Joseph Scrace

Key clients

A.P. Møller-Mærsk

Charles Taylor

Comcast Corporation

Corsair Capital

Evercore

Greenhill

Nuvei Corporation

Lazard

Lightyear Capital

Telia Company

Temenos

UBS Whitney Wolfe Herd

Work highlights

  • Advised Maersk, an integrated transport and logistics company, and Maersk Drilling on the $3.6 billion separation of Maersk’s offshore drilling activities through a demerger of Maersk Drilling.
  • Advising Whitney Wolfe Herd, the founder and CEO of Bumble, in connection with the acquisition by Blackstone of a majority stake in MagicLab, which builds and operates leading dating and social networking apps including Bumble and Badoo.
  • Advisers to Comcast on its £30.6 billion takeover of Sky.

Greenberg Traurig, LLP

Greenberg Traurig, LLP's broad corporate practice regularly undertakes transactions in the pharmaceutical and life sciences sectors and also acts for industrial and manufacturing clients. Managing partner Fiona Adams co-chairs the global corporate practice, while Paul Maher acts as global vice chair. Both have considerable experience in cross-border public and private M&A, advising a wide range of domestic and international clients. Sarah F. Moyles is another key name to note in the practice and advises on a wide range of corporate, corporate finance and commercial matters.

Practice head(s):

Paul Maher; Fiona Adams

Other key lawyers:

Sarah Moyles; Henrietta Walker

Testimonials

‘Highly capable corporate practice for major transactions, including cross-border and complex structures. Strong partner involvement and contact, highly experienced and pragmatic.’

‘Paul Maher has deep experience, is a hard-nosed negotiator, highly responsive and client-focused’

‘Fiona Adams is a highly sophisticated and capable M&A lawyer who is also an extremely effective manager of teams and transactions. A pleasure to work with‘

‘Key strengths are the availability of the team, its capability to negotiate with counterparty legal teams and the quality of its contractual arrangements.‘

‘Paul Maher is a strong negotiator with a big experience in M&A’

‘Graeme McLellan is outstanding. He has extensive technical expertise and a strong understanding of the commercial risks and drivers of our business. He is highly effective in representing us with these attributes. He is our go-to legal adviser for M&A transactions in the rail space.’

‘Paul Maher, Henrietta Walker and Fiona Adams are all excellent and highly appreciated professionals. They are much more engaged than the standard M&A London partner, and they always bring a proactive service.’

Key clients

AstraZeneca PLC

Rentokil Initial PLC

Smiths Group PLC

Intercontinental Hotels Group PLC

Cromwell European Real Estate Fund

Bracco Imaging SpA

Blue Earth Diagnostics Limited

Vista Equity Partners

Landscape Acquisition

Platform Specialty Products Corporation

Outsourcing Inc.

Amistat

Galliard Group

Cain International

Brockton Capital

Macquarie Infrastructure and Real Assets

Work highlights

  • Acted for Bracco Imaging as buyer in the USD450 million acquisition of Blue Earth Diagnostics.
  • Acted for MIRA on the disposal of its pan-European rolling stock leasing business, Macquarie European Rail.
  • Advised Rentokil on its agreement with Franz Haniel & Cie to divest its 17.8% interest in CWS-boco International, a joint venture created by Rentokil and Franz Haniel in 2017.

Hogan Lovells International LLP

Hogan Lovells International LLP advises on the full range of domestic and cross-border transactions including public takeovers, private M&A, complex joint ventures, growth equity and venture capital investments. The firm's large international network allows the team to work on transactions across continental Europe, Asia and North America within key sectors including automotive, consumer, energy and natural resources, infrastructure, financial institutions, insurance, real estate and TMT. Ben Higson and Charles Rix jointly lead the practice. The team has seen a number of departures in recent years with Fergus Gallagher   and Tom Whelan now at McDermott Will & Emery UK LLP  and Steven Bryan at Paul Hastings. However, a private equity team led by Ed Harris returned to the firm in 2020 in a boost to the practice.

Practice head(s):

Ben Higson; Charles Rix

Other key lawyers:

Leanne Moezi; Ed Harris

Testimonials

Pragmatic, commercially focused advice with a strong understanding of the insurance sector. Ability to provide seamless support to the in-house legal team.

Exceptional sector knowledge’

 

Work highlights

  • Advised funds managed by global infrastructure investment manager DWS on the acquisitions of The Datacenter Group and NLDC.
  • Advised Israel-based Fattal Hotel Group and its subsidiary Jury’s Inns on its acquisition of the operating business and a long-term lease of four high-end London Grange Hotels, from real estate investment firm Queensgate Investments.
  • Acted for ITV on the formation of BritBox, a new joint venture with the BBC in the UK to create a streaming service carrying “Best of British” television, including Channel 4 content as well.

Norton Rose Fulbright

Norton Rose Fulbright has established corporate capabilities across North America, Europe, Africa and  Asia Pacific. Its strong sector expertise includes energy, infrastructure, mining, commodities, transport, tech, life sciences and healthcare. Raj Karia leads the department and specialises in public and cross-border M&A transactions, with a client list made up of international corporates and investment banks. Elsewhere in the practice, Paul Whitelock advises on public M&A and capital markets transactions focusing on the LSE and AIM.

Practice head(s):

Raj Karia

Other key lawyers:

Paul Whitelock

Key clients

AIG

Bank of Montreal

Barrick Gold

BHP Billiton

BMW

BP plc

Brookfield

CME Group

Delta Air Lines

HSBC

Lloyds Banking Group

Centamin

Orange SA

Rio Tinto

Santander

SNC-Lavalin Group

Teliasonera AB

Terra Firma Capital Partners

Reach plc

Vodafone

3M

Bombardier

Work highlights

  • Advised NYSE and TSX-listed Barrick Gold Corporation (Barrick) on its take-private of London-listed Acacia Mining.
  • Advised on the sale of BP’s petroleum interests in the Gulf of Suez region of the Republic of Egypt covering 12 different concession areas including BP’s interest in the Gulf of Suez Petroleum Company (GUPCO) to Dragon Oil for an undisclosed consideration.
  • Advised DVB on the sale of its aviation finance group to Japan’s Mitsubishi UFJ Financial Group (MUFG) and its affiliated leasing operation BOT Lease (BOTL).

Paul Hastings LLP

Paul Hastings LLP 's City M&A team has expanded through a number of high profile additions in recent years. Energy and infrastructure M&A partner Steven Bryan  joined the London arm in 2019, after heavyweight partner Roger Barron joined from Linklaters the previous year. The team is now able to advise across the full spectrum of deals including public and private M&A, private equity, strategic affiliations and joint ventures. Its client base includes companies in the tech, telecoms and digital infrastructure sectors, in addition to energy.

Practice head(s):

Ronan O’Sullivan

Other key lawyers:

Roger Barron; Steven Bryan

Testimonials

Paul Hastings is without doubt the best law firm that we have worked with.

Paul Hastings has always made a commitment to work at our pace (whatever that might be). As a serial acquirer, we hold ourselves to tight deadlines and we expect the same of our advisers.

High capabilities in M&A

Advice is balanced and commercially oriented.

 

 

Key clients

Monaco Telecom

NJJ Telecom Europe

Saba Software

SICP Investments

Abry Partners II, LLC

Teleperformance SE

Madison Energy

Brookfield Infrastructure

Brookfield Private Equity

Arcus Infrastructure Partners LLP

Hermes Infrastructure

Aqua Comms

Salt Mobile SA

Mapletree Investments Pte Ltd

Jacobs Engineering Group

eir

Work highlights

  • Advised Brookfield Infrastructure and Public Sector Pensions of Canada in relation to the proposed €3 billion sale of majority interests in Telediffusion de France (TDF), the largest telecoms mast operator in France.
  • Advised Salt Mobile SA, on the sale of a 90% equity interest in the company owning Salt’s passive mobile infrastructure in Switzerland – “Salt TowerCo” – for a cash consideration of CHF 0.8 billion (€0.7 billion equivalent), to Spanish tower operator Cellnex Telecom SA.
  • Advising Jacobs Engineering Group on its acquisition of Wood Group’s Nuclear business in the UK, Europe, and the Far East for £250 million.

Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton has an experienced team in London advising clients including asset management firms, financial institutions and mining companies. With a burgeoning practice advising in emerging markets including the Middle East, India, Africa and Russia, the firm is also able to leverage its international network of offices to advise on a range of multi-jurisdiction transactions. While the practice does not designate a practice head, sovereign wealth fund specialist Tihir Sarkar and Sam Bagot, who is experienced in the natural resources sector, are both key names to note.

Key clients

BNP Paribas Qatar Investment Authority Ivanhoé Cambridge Thales TAG Group Brookfield Asset Management Fimalac Goldman Sachs and Wells Fargo ArcelorMittal Sistema PJSFC Schroders IFF Hillhouse TPG TPG Rise

Work highlights

  • Represented BNP Paribas in a novel transaction in relation to Deutsche Bank’s global prime brokerage and electronic equities businesses, and the acquisition of a Delta One book
  • Advised Qatar Investment Authority on an acquisition by its subsidiary of a 25.1% stake in Adani Electricity Mumbai from Adani Transmission Limited and for a shareholder subordinated debt investment by QIA in AEML
  • Represented Ivanhoé Cambridge on a recommended cash offer for easyHotel PLC

Dechert LLP

Dechert LLP 's transatlantic M&A team is able to offer a range of expertise, including significant regulatory experience as well as asset management and emerging markets knowledge.  Innovation-intensive sectors are a key focus for the practice, including life-sciences, TMT, energy and financial services. Douglas Getter leads the corporate group and is skilled in US and cross-border M&A transactions and private placements, public offerings and joint ventures; representing purchasers, sellers, issuers, financial advisers and joint venture partners.

Practice head(s):

Douglas Getter

Other key lawyers:

Jonathan Angell; Sean Geraghty

Key clients

GIC

CIT

Covis Pharma

Generali

Hunt Companies

HRA Pharma

Crown Holdings Inc

TRS Group (UK)

Centaur Media

ICTS

Work highlights

  • Acting as US and English counsel to GIC, in its capacity as a member of a consortium consisting of funds affiliated with Blackstone, GIC and an affiliate of Canada Pension Plan Investment Board (CPPIB), together with Thomson Reuters, on their £27bn sale of the Refinitiv business to the London Stock Exchange Group plc.
  • Advising Covis Pharma BV and its private equity fund-owner Cerberus Capital Management on its US$730 million sale to Apollo Global Management.
  • Advising Generali on the acquisition of a majority stake in Sycomore Factory SAS, a non-regulated holding company controlling both Sycomore Asset Management SA and Sycomore Market Solutions.

Fried, Frank, Harris, Shriver & Jacobson LLP

Fried, Frank, Harris, Shriver & Jacobson LLP represents US and UK clients operating in the media, industrials and real estate sectors and also has good experience advising financial institutions. Ian Lopez is a name to note, with experience advising  on both hostile and recommended public takeovers.

Other key lawyers:

Ian Lopez

Testimonials

Went above and beyond to ensure client service in negotiation, turnaround time and global support in the US, London and the UAE’

Ian Lopez provided the highest level of service and quality that I have received from an outside lawyer. He is truly exceptional – smart, creative, and literally tireless. His advice is always top-notch, and he is a tenacious and talented negotiator’

‘When I have Ian representing me I have total confidence that I am getting the best legal advice, and also that every detail will be covered as it should be.

Gibson, Dunn & Crutcher

Gibson, Dunn & Crutcher  advises UK and global corporates, as well as private equity sponsors. Jeremy Kenley is a key name for real estate M&A, while an area of growth for the practice has been in oil and gas, spearheaded by Anna Howell , who leads the energy practice in London. Other names to note in the practice include Mark Sperotto  and Nick Tomlinson . Several key names have left the London arm in the last two years including Nigel Stacey  (now Baker Botts (UK) LLP ) Jonathan Earle, who is now at DLA Piper, private equity partner James Howe , who left for Simpson Thacher & Bartlett LLP, and London corporate chair Charlie Geffen, who has retired.

Key clients

Amryt Pharma plc

Marathon Oil Company

Marriott International

Peter Lammer and Jan Hruska (the founders of Sophos Group plc)

Bromford Industries / Liberty Hall Capital Partners LP

Bruin Sports Capital

William Hill Plc

Kimberly-Clark Inc

Legends Hospitality

Royal Mail plc

Work highlights

  • Advising privately held global investment firm Bruin Sports Capital on a number of major international and complex corporate transactions.
  • Advised Amryt Pharma on its acquisition of Aegerion Pharmaceuticals out of Chapter 11 bankruptcy.
  • Advised Marathon Oil Company on the sale of its UK North Sea business to LSE-listed oil and gas company RockRose Energy plc.

Jones Day

Jones Day has a track record advising international and domestic clients on large M&A and private equity transactions. In particular, the team is experienced in public M&A, acting for clients in the life sciences, consumer products, industrials, technology, defence and aerospace, and real estate sectors. Giles Elliott jointly leads the practice alongside Leon Ferera. Both are experienced in the full range of corporate transactions including public and private M&A, fundraisings, buyouts, joint ventures, and investments.

Practice head(s):

Giles Elliott; Leon Ferera

Other key lawyers:

Vica Irani

Key clients

Freudenberg SE

STERIS Plc

General Electric

EssilorLuxottica

DV4 Limited

Macquarie European Infrastructure Fund II

Greystar Real Estate Partners

Scapa Group PLC

Roper Technologies, Inc.

The Stars Group Inc.

Koch Industries

Signature Aviation plc

Work highlights

  • Advising The Stars Group Inc. on its $14bn all-share merger with Flutter Entertainment plc, creating one of the world’s biggest online betting and gaming operators.
  • Advised Signature Aviation plc on the sale of its Ontic business to an investment fund affiliated with CVC Capital Partners for $1.365bn .
  • Advised Macquarie Infrastructure and Real Assets on the high-profile sale of its 100% interest in Condor Ferries – operator of lifeline freight and passenger ferry services between Guernsey, Jersey, the UK, and the Port of St. Malo – to ESIF and Brittany Ferries.

King & Spalding LLP

King & Spalding LLP 's compact but capable City transactional team has established itself as a key adviser to large blue-chip corporates on cross-border public and private M&A. Its London practice is best known in the energy and financial institutions sectors and is complemented by a strong private equity team. William Charnley  leads the department and has a particular specialism advising financial institutions. Martin Hunt  is a key name on the energy side and is dual qualified in New York, Texas and England and Wales. Partner Ilan Kotkis left for Seddons in summer 2020.

Practice head(s):

William Charnley

Other key lawyers:

Martin Hunt; Marcus A Young; Derek Meilman

Key clients

Utmost Group of Companies

Active Healthcare Solutions Ltd

Baker Hughes

Sierra Oil & Gas

Life Company Consolidation Group (“LCCG”)

Eddie Stobart Logistics plc

Salic UK

Micrometrics Instrument Corporation

Olivier Creed

SATS

Work highlights

  • Represented Baker Hughes on its agreement to acquire 5% of the shares in ADNOC Drilling for an initial consideration of $550 million.
  • Acted for Life Company Consolidation Group (“LCCG”) on its agreement to acquire the entire business of The Equitable Life Assurance Society (“Equitable Life”), the world’s oldest mutual insurer, in a transaction that will bring an end to the 256 year old entity.

Mayer Brown International LLP

Mayer Brown International LLP's M&A team is known for its work across a broad range of sectors including media and entertainment, consumer goods, mining, insurance, private equity, real estate and energy. Cross-border mandates are common, with the practice having undertaken transactions in Canada, the US, Latin America, South Africa, Australia and Europe. Kate Ball-Dodd leads the London corporate practice and has a broad practice covering both public and private M&A, while Perry Yam heads up the global corporate practice. Robert Hamill is a name to note in the energy and mining sectors.

Practice head(s):

Kate Ball-Dodd; Perry Yam

Other key lawyers:

Robert Hamill

Testimonials

A very capable team – pragmatic and solution driven’

A can-do approach combined with solid partners and depth and quality in associates.

Robert Hamill is very calm and steady under pressure. He has a unique ability to manage tricky points in a very pleasant manner. Always commercially minded and has the big picture in mind.

Key clients

ARM Holdings

British Land

Eland Oil and Gas

Emasan AG

Entertainment One Limited

Mitie

Shearwater Group Plc

Sumitomo Metal Mining Limited

Unilever

Universal Coal plc

Work highlights

  • Advised Entertainment One (eOne) on its sale to the major toy maker Hasbro, Inc, in an all-cash transaction for approximately $4bn (£3.3 billion).
  • Advised Sumitomo Metal Mining Co., Ltd. (acting in a consortium with its partner, Sumitomo Corporation) on the acquisition of a 30% indirect interest in Compañia Minera Teck Quebrada Blanca S.A., which owns the Quebrada Blanca Phase 2 (QB2) project, from Teck Resources Limited for $1.2bn.
  • Advised Eland Oil & Gas PLC on its sale to Seplat Petroleum Development Company Plc, the West African oil operator.

Milbank

Milbank's London team has a reputation for advising on high end transactions in the energy sector. This practice received a boost with the hire of  Lisa O’Neill from McDermott Will & Emery UK LLP  in early 2020. O'Neill previously advised Praxair on the $5bn divestment of the majority of its European business to Taiyo Nippon Sanso Corporation. The firm also has a niche in Greek work and has advised several banks there on disposals and acquisitions.  Mark Stamp and Stuart Harray jointly lead the practice

Practice head(s):

Mark Stamp; Stuart Harray

Other key lawyers:

Lisa O’Neill

Testimonials

‘Very knowledgeable, good depth of practice and flexible enough to adapt to any situation, as well as being very helpful and friendly’

Key clients

BlackRock

KKR

Piraeus Bank

KKCG / Sazka Group

Goldman Sachs Merchant Banking

SOM Committee of Abengoa

National Bank of Greece

NE Renewables LLC

Niron Metals

Arcmont Asset Management

Yellow Cake Plc

ProsiebenSat.1

Njord Partners

Actis

Italgas

Work highlights

  • Sole M&A adviser to BlackRock and KKR on their landmark partnership with ADNOC in connection with a $4bn midstream pipeline infrastructure agreement.
  • Advised Piraeus Bank on the carve-out and sale of a majority stake in its non-performing exposures servicing unit to Intrum.

Morrison & Foerster LLP

Morrison & Foerster LLP is best known for undertaking transactions in the tech and premium venture capital space. Cross-border work continues to make up a significant portion of the deals undertaken by the team. Andrew Boyd has particular expertise advising clients in the technology sector, where he works on M&A and minority equity investments and complex carve outs. Gary Brown, Amit Kataria  and Dan Coppel are other key names to note in the practice.

Other key lawyers:

Andrew Boyd; Gary Brown; Dan Coppel; Amit Kataria

Key clients

SoftBank Group Corp.

VISA

Hassad Food

Tate & Lyle PLC

Vonage Holdings Corp.

Meininger Hotels

Sonora Mills Foods Inc.

Zenios LLP

ON Semiconductor

TON Ventures

BlackRock

Morgan Stanley

GPI Capital

Unity Technologies

Work highlights

  • Advised Visa Inc in connection with its acquisition of a minority equity stake in Interswitch Limited, a leading Africa-focused integrated electronic payments and e-commerce company.
  • Acted as lead adviser to Hassad Food in its acquisition of a significant minority equity stake in Sunrise Foods International, the world’s largest supplier of organic grains and oilseeds.
  • Represented EuroHold Bulgaria AD (EuroHold Bulgaria) in its €355 million acquisition of the Bulgarian power distribution/renewable energy business of Czech utility company ČEZ.

Proskauer Rose LLP

Proskauer Rose LLP's London M&A practice represents clients on both mid-market and high-end deals and has strong sector expertise in financial services mandates, including fintech payment processing. Other key areas are TMT, business services, and industrials. Steven Davis leads the global practice and has more than 30 years' experience as a transactional lawyer. His work spans the full range of the private equity market, including leveraged buyouts, and management buyouts.

Practice head(s):

Steven Davis

Other key lawyers:

Andrew Wingfield

Testimonials

They have access to people extremely well versed in PE based and debt fund deals and thinking through the implications and ramifications.

Andrew Wingfield is the go-to lawyer for our M&A transactions.

 

Key clients

AnaCap Financial Partners LLP

Ascot Lloyd / Oaktree Capital

EnerMech Limited

Investcorp

Lion Capital

Motive Capital Partners

Morgan Stanley

Rubicon Partners

Toscafund

Varde Partners

Work highlights

  • Represented AnaCap Financial Partners (“AnaCap”), a leading European financial services specialist investor and other stakeholders on the sale of the German FinTech business, the Heidelpay group, to KKR.
  • AnaCap Financial Partners in the sale of Ellisphere to Andera Partners and Tikehau Capital.
  • Advised on the acquisition by Oaktree’s portfolio company, Ascot Lloyd, of 100% of the share capital of Newell Palmer – an independent financial advice business.

Shearman & Sterling LLP

Shearman & Sterling LLP advises a mix of large multinationals, corporates and financial institutions on mergers and acquisitions and recently took the lead for ArcelorMittal S.A. on its $7bn acquisition of Essar Steel. Heading the firm's EMEA M&A group, Laurence Levy acts on numerous public and private company M&A transactions, joint ventures, restructurings, privatisations, equity capital markets and general corporate advisory work. Tim Sheddick is a key name in the infrastructure M&A space.

Practice head(s):

Laurence Levy

Key clients

Goldman Sachs International

ArcelorMittal S.A.

Liberty Global plc

Intercontinental Exchange (ICE)

Discovery, Inc.

DBay Advisors

Thomas Cook India Limited

MS Pharma Ventures Holding WLL

Advance Publications, Inc.

Acacia Mining plc

Macquarie European Infrastructure Fund

SABB

International Finance Corporataion (IFC)

Work highlights

  • Advised ArcelorMittal S.A. on its $7 billion acquisition of Essar Steel India Limited via a joint venture with Nippon Steel Corporation.
  • Advised London-listed Acacia Mining on the recommended offer from Barrick Gold to Acacia’s minority shareholders that valued Acacia at £1.2 billion, representing a 53.5% premium to its undisturbed share price.
  • Advising Goldman Sachs Saudi Arabia as financial adviser to The Saudi British Bank, on the SAR 18.6bn (approximately $4.96bn) merger of SABB with Alawwal Bank.

Vinson & Elkins RLLP

Vinson & Elkins RLLP acts for a broad range of private equity and corporate clients with a particular focus on the infrastructure and energy sectors. Distressed asset acquisitions and investments in Europe continue to be a key area for the practice and these transactions span a variety of sectors, including consumer retail, manufacturing, building services, financial services and assets, care homes/assisted living and shipping. Jeffrey Eldredge co-leads the corporate department, representing private equity sponsors engaged in cross-border infrastructure mergers and acquisitions in Europe, the Middle East, and Africa.

Practice head(s):

Jeffrey Eldredge

Key clients

Africa Oil Corp.

Apollo Global Management

Blackstone

Crestline Investors

Delonex

Elevation Capital

Energy Growth Momentum

Equinor

Goldman Sachs

Groupe Bruxelles Lambert

Helios Investment Partners

Helios Towers

Kingsley Capital Partners LLP

KKR

Peninsula Capital Advisors

Riverstone

Saudi Aramco Energy Ventures

Sixth Street Partners

Work highlights

  • Lead counsel to KKR on its auction sale of European Locomotive Leasing, a pan-European provider of electric locomotive leasing solutions, to a consortium formed by AXA Investment Managers – Real Assets and Crédit Agricole Assurances.
  • Advised Groupe Bruxelles Lambert, on its acquisition of a majority stake in Webhelp, one of the world’s leading call centre operators headquartered in Paris, from KKR.
  • Advised Africa Oil Corp. in connection with a $1.53bn acquisition by one of its subsidiaries of 50% of the share capital of POGBV, an entity owning oil and gas interests in Nigeria.